Cheap Apartments for Rent in the Mercer Heights Neighborhood of Mercer Island, WA from $500 (142 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Mercer Heights area of Mercer Island.

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Shorewood
$1,968 - $4,464
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Total Monthly Price

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$1,968 - $4,464

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Studio to 4 Bedroom Apartments Available Now

Shorewood

3209 Shorewood DrMercer Island, WA 98040
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Westwinds Apartments
1 to 2 Bedroom Apartments

Westwinds Apartments

3059 Island Crest WayMercer Island, WA 98040
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Grace Place
1 Bedroom Apartments

Grace Place

2720 76th Ave SEMercer Island, WA 98040
Senior Living
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77 Central
Studio to 3 Bedroom Apartments

77 Central

2630 77th Ave SEMercer Island, WA 98040

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

property at 4702 S Lucile St

$1,150

Total Monthly Price

Total Monthly Price

Base Rent
$1,150

Total Monthly Price
$1,150

Studio, 1 Bath Condo for Rent

Available Now

4702 S Lucile St, Unit B

4702 S Lucile St
SeattleWA98118

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property at 219 23rd Ave

$1,495

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Total Monthly Price

Base Rent
$1,495

Total Monthly Price
$1,495

1 Bedroom, 1.5 Bath Townhome for Rent

Available Now

219 23rd Ave

SeattleWA98122
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Jackson Apartments
Rent Specials
$1,563 - $4,828
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$1,563 - $4,828

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Studio to 3 Bedroom Apartments Available Now

Jackson Apartments

2401 S Jackson StSeattle, WA 98144
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State Street
$1,686 - $4,055
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Total Monthly Price

Base Rent
$1,686 - $4,055

Total Monthly Price
$1,686 - $4,055
Studio to 2 Bedroom Apartments Available Now

State Street

1700 21st Ave SSeattle, WA 98144
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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Mercer Heights, Mercer Island, WA Local Guide

Cheapest Available Mercer Heights Apartments for Rent

 

The cheapest available apartment rental in the Mercer Heights area of Seattle, WA is a 1 Bed unit found at Courtland Place priced from $880. SPOKANE AT RAINIER COURT a 55+ Affordable Community has the second lowest priced unit, which is a 1 Bed apartment currently listed from $950. Here are the most affordable Mercer Heights apartments for rent in Seattle, WA:

Apartment ListingModel NameBed/BathPriced From
Courtland PlaceOne Bedroom One Bath1BR,1BA$880
SPOKANE AT RAINIER COURT a 55+ Affordable CommunityOne Bedroom One Bath1BR,1BA$950
Hanford StudiosStudioStudio,1BA$1,000
NOCO ApartmentsStudio FStudio,1BA$1,049
The Vale StudiosContemporary Studio Apartments - Modern and Aff...Studio,1BA$1,100
Pacific Inn ApartmentsLoft (Income Qualified/6 Month Lease)Studio,1BA$1,100
DakotaOne Bedroom One Bath1BR,1BA$1,190
Mt Baker The Maddux ApartmentsStudio FStudio,1BA$1,198
Columbia Gardens a 55+ Affordable CommunityOne Bedroom One Bath1BR,1BA$1,250

Best Value Apartments for Rent in Mercer Heights, WA

As of June 24, 2026 the best value apartment in the Mercer Heights area is the $2.25 price per square foot Two Bedroom Model at 12 Central Square in the in the North Bellevue neighborhood starting from $2,807. The second greatest value Mercer Heights apartment is the 2BR/1.0BA Model at Kenny Apartments starting at $2,095 with a $2.10 price per square foot in the Mercer Heights neighborhood. Here is today’s list of the best values for Mercer Heights apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
12 Central SquareTwo Bedroom2BR,2BA$2.25
Kenny Apartments2BR/1.0BA2BR,1BA$2.10
810 27th Ave810 27th Ave3BR,1BA$2.00
The Link Apartments1BR/1.0BA1BR,1BA$1.72
6511 Apartments1BR/1.0BA1BR,1BA$1.59
SPOKANE AT RAINIER COURT a 55+ Affordable CommunityTwo Bedroom One Bath2BR,1BA$1.79
Courtland PlaceTwo Bedroom One Bath2BR,1BA$1.49
DakotaOne Bedroom One Bath1BR,1BA$1.73
Columbia Gardens a 55+ Affordable CommunityOne Bedroom One Bath1BR,1BA$2.09
2315 E Ward St, Unit C2315 E Ward St1BR,1BA$0.10

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Mercer Heights, Mercer Island, WA

Ranked #1

Among cities in Washington for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving.com is happy to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, including Mercer Island. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including searching for the best amenities, and convenient access to the outdoors, pet-friendly features, family-friendliness, proximity to transit, and other valuable search options. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Mercer Heights Apartments

What is a cheap apartment in Mercer Heights?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Mercer Heights is under $1,250.

What is the price of a cheap apartment in Mercer Heights?

The cheapest apartment in Mercer Heights is Courtland Place which is listed at $880, while the average apartment in Mercer Heights costs $16,205.

What types of apartments are the cheapest in Mercer Heights?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 87 regular apartments in Mercer Heights that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Mercer Heights?

Cheap apartments in Mercer Heights have an average cost of $153 which is $16,052 cheaper than the average rent for all rentals in Mercer Heights.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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